b'Capital Region Airport Commission NOTES TO FINANCIAL STATEMENTS June 30, 2025 and 2024 Note 11.LINE OF DUTY ACT (LODA) PROGRAM (continued) Actuarial Assumptions (continued) The actuarial assumptions used in the June 30, 2023 valuation were based on the results of an actuarial experience study for the period from July 1, 2016 through June 30, 2020. Changes to the actuarial assumptions as a result of the experience study are as follows: Mortality Rates (pre-retirement, post- Update to Pub-2010 public sector mortality tables.retirement healthy, and disabled) Increased disability life expectancy. For future mortalityimprovements, replace load with a modified MortalityImprovement Scale MP-2020Retirement Rates Adjusted rates to better fit experience and changed final retirement age from 65 to 70Withdrawal Rates Decreased rates and changed from rates based onage and service to rates based on service only to betterfit experience and to be more consistent with LocalsTop 10 Hazardous DutyDisability Rates No changeSalary Scale No changeLine of Duty Disability No changeNet LODA OPEB Liability The net OPEB liability (NOL) for the Line of Duty Act Program represents the programs total OPEB liability determined in accordance with GASB Statement No. 74, less the associated fiduciary net position. As of measurementdateofJune30,2024,NOLamountsfortheLODAProgramisasfollows(amounts expressed in thousands): LODA ProgramTotal LODA OPEB Liability $ 398,395Plan Fiduciary Net Position4,841LODA Net OPEB Liability (Asset) $ 393,554Plan Fiduciary Net Position as a Percentage of the Total LODA OPEB Liability 1.22%The total LODA OPEB liability is calculated by the Systems actuary, and each plans fiduciary net position is reported in the Systems financial statements. The net OPEB liability is disclosed in accordance with the requirements of GASB Statement No. 74 in the Systems notes to the financial statements and required supplementary information. 71'